Sun Sep 15 15:18:49 UTC 2024: ## Fiserv Sees Increased Investor Interest: GHP Investment Advisors Ups Stake, Insider Sales Continue
**New York, NY – September 15, 2024** – GHP Investment Advisors Inc. has boosted its holdings in Fiserv, Inc. (NYSE:FI) by 16.0% during the second quarter, according to its latest Form 13F filing. This reflects a growing trend of institutional investors taking a bullish stance on the financial services technology company.
GHP Investment Advisors now owns 588 shares of Fiserv, valued at $88,000. Other notable investors have also increased their positions, including Cooper Financial Group, Quent Capital LLC, Fielder Capital Group LLC, Andina Capital Management LLC, and Sage Mountain Advisors LLC.
Despite the positive sentiment, insider trading activity continues to show some hesitation. EVP John Gibbons sold 18,890 shares in August, and COO Guy Chiarello also sold 24,000 shares earlier in the month. This trend of insider selling has continued over the last quarter, with a total of 90,890 shares sold for $14,416,687.
While insider sales might indicate some concern, analysts remain largely optimistic about Fiserv’s future. Citigroup upgraded the stock to a “strong-buy” rating, while KeyCorp and JPMorgan Chase & Co. increased their price targets. Overall, analysts have issued a “Moderate Buy” rating with an average price target of $174.32.
Fiserv’s stock opened at $174.89 on Friday, with a market capitalization of $102.33 billion. The company’s financial performance remains strong, with a debt-to-equity ratio of 0.85 and a current ratio of 1.06.
Investors will be watching closely to see if the positive sentiment reflected by institutional investors translates into continued share price growth and if insider sales are a temporary trend.
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